Common use of Instructions and Transactions Clause in Contracts

Instructions and Transactions. You and Your Firm are responsible for all instructions, messages, oral communications, telex, facsimilie or other communications (including bids and offers) made through the System associated with Your identity and/or the Security Procedures assigned to You (“Instructions”), and such Instructions shall be binding on You and Your Firm. You transmit Instructions to Citibank at Your own risk, and agree that Citibank will not be required to acknowledge receipt of any Instruction prior to processing such Instruction. You will not have a binding Transaction with Citibank until a confirmation of acceptance of that Transaction, including executed exchange rate, is transmitted by Citibank to You. You understand and agree that Citibank will accept and work orders on a best efforts basis. Citibank, in its sole discretion, may refuse to act on any Instruction, and may from time to time restrict trading in certain financial instruments. Citibank may reject, cancel or rescind any Transaction, or amend or vary the terms of any Transaction in each case executed through the System including but not limited to circumstances in which 1) the Transaction was executed based on erroneous rates or prices, during a period of market volatility and/or constrained liquidity, in contravention or violation of any law or regulation or in circumstances illegal or improper and/or 2) the Confirmation was generated due to System error. Any such rejection, cancellation, rescission, amendment or variation as set out in this section 6 will be communicated to You as soon as reasonably practicable and where the terms of such Transaction have been amended or varied, 6.

Appears in 2 contracts

Samples: Electronic Access and User Agreement, Electronic Access and User Agreement

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Instructions and Transactions. You and Your Firm are responsible for all instructions, messages, oral communicationscommunication, telex, facsimilie facsimile or other communications (including bids and offers) made through the System associated with Your identity and/or the Security Procedures assigned to You (“Instructions”), and such Instructions shall be binding on You and Your Firm. You transmit Instructions to Citibank at Your your own risk, and agree 6. Talimatlar ve İşlemler. Kimliğinize ve/veya Size atanan Güvenlik Prosedürlerine bağlı olarak Sistem üzerinden gerçekleştirilen tüm talimat, mesaj, sözlü iletişim, teleks, faks veya diğer iletişim işlemlerinden (alım-satım teklifleri dahil) (“Talimatlar”) Siz ve Firmanız sorumludur ve bu Talimatlar, Siz ve Firmanız için bağlayıcı olacaktır. Talimatları, riski size ait olmak üzere Citibank’a ileteceksiniz ve Citibank’ın herhangi bir Talimatı işleme koymadan that Citibank will not be required to acknowledge receipt of any Instruction prior to processing such Instruction. You will not have a binding Transaction with Citibank until a confirmation of acceptance of that Transaction, including executed exchange rate, is transmitted by Citibank to You. You understand and agree that Citibank will accept and work orders on a best efforts basis. Citibank, in its sole discretion, may refuse to act on any Instruction, and may from time to time restrict trading in certain financial instruments. Citibank may reject, cancel or rescind any Transaction, or amend or vary the terms of any Transaction Transaction, in each case executed through the System including but not limited to circumstances in which (1) the Transaction was executed based on erroneous rates or prices, during a period of market volatility and/or constrained liquidity, in contravention or violation of any law or regulation or in circumstances illegal or improper and/or (2) the Confirmation was generated due to System error. Any such rejection, cancellation, rescission, amendment or variation as set out in this section 6 will be communicated to You as soon as reasonably practicable and where the terms of such Transaction have been amended or varied, the confirmation reflecting such amendment or variation shall supersede previous confirmations and constitute the prevailing record of the binding Transaction. Notifications of transactions by SMS or push notification shall not constitute a confirmation. You agree, represent and warrant, as applicable, on a continuing basis that: (a) Your Firm is acting for its own account and will be liable as a principal in respect of all Transactions and confirmation of Transactions through the System (“Confirmations”) You enter into through the System or either by facsimile, email or via SWIFT message to the Your nominated facsimile number, email or SWIFT addresses and You hereby accept the risks associated with the means of communication selected; Your Firm has full power, capacity, authority and legal right to enter into Transactions and/or Confirmations; the Transactions and/or Confirmations constitute your Firm’s legal, valid and binding obligations enforceable in accordance with their terms; where You are acting as an Agent the reference to “Your Firm” in this section 6(a) shall be construed as a reference solely to Your principal, and not to You or Your employer, provided that You have notified Citibank that You are acting as an Agent and have provided evidence reasonably satisfactory to Citibank of Your authority to use the System on behalf of Your principal; (b) Your Firm is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of any Transactions; Your Firm is also capable of assuming, and assumes, the finance and other risks of any Transaction; Each Instruction is and will be: (i) appropriate in view of Your sophistication and önce söz konusu Talimatın alındığını onaylamasının gerekmeyeceğini kabul etmektesiniz. Gerçekleştirilen döviz alım-satım işlemleri dahil olmak üzere ilgili İşlemin kabul edildiğine dair Citibank tarafından Size bir onay iletilinceye kadar Citibank ile aranızda bağlayıcı bir İşlem olmayacaktır. Citibank’ın talimatları en iyi xxxx esasına xxxx kabul edeceğini ve işleme koyacağını anlamakta ve kabul etmektesiniz. Citibank, tamamen kendi takdirine bağlı olarak, herhangi bir Talimata xxxx hareket etmeyi reddedebilir ve zaman zaman belirli finansal araçlar ile yapılan işlemleri kısıtlayabilir. Citibank, (1) herhangi bir İşlemin hatalı oranlara veya fiyatlara dayalı olarak, piyasa oynaklığı ve/veya kısıtlı likidite döneminde, herhangi bir yasa veya yönetmeliğe aykırı şekilde veya ihlal ederek ya da yasa dışı veya uygunsuz koşullarda gerçekleştirildiği ve/veya (2) Onayın, Sistem hatası nedeniyle oluşturulduğu durumlar dahil ancak bunlarla sınırlı olmamak üzere, Sistem üzerinden gerçekleştirilen bir İşlemi reddedebilir, iptal edebilir veya feshedebilir ya da söz konusu İşlemin şartlarını tadil edebilir veya değiştirebilir. İşbu 6.. bölümde şartları düzenlenen herhangi bir ret, iptal, fesih, tadil veya değişiklik, xxxxx xxxx en kısa sürede Size iletilecektir ve söz konusu İşlemin koşullarının tadil edildiği veya değiştirildiği durumlarda, söz konusu tadil veya değişikliği yansıtan onay, önceki onayların yerini alacak ve bağlayıcı İşleme dair geçerli kaydı teşkil edecektir. İşlemlerin SMS veya anlık bildirim ile bildirilmesi, onay teşkil etmez. Aşağıdaki hususları, geçerli olduğu şekilde, her zaman kabul, beyan ve taahhüt etmektesiniz: (a) Firmanız kendi nam ve hesabına hareket etmektedir ve Sistem üzerinden yapılan tüm İşlemlerden ve İşlemlerin teyit edilmesinden (“Onaylar”) xxx şirket olarak sorumlu olacaktır; Sisteme, belirttiğiniz faks numarası, e-posta veya SWIFT adresleri üzerinden faks, e-posta veya SWIFT mesajı girmektesiniz ve seçilen iletişim araçlarıyla ilgili riskleri kabul etmektesiniz; Firmanız, İşlem gerçekleştirmek ve/veya Onay vermek için tam yetki, izin ve yasal hakka sahiptir; İşlemler ve/veya Onaylar, Firmanızın şartlarına uygun olarak yasal, geçerli ve bağlayıcı yükümlülüklerini oluşturmaktadır; Temsilci olarak hareket ettiğiniz durumlarda, Temsilci olarak hareket ettiğinizi Citibank’a bildirmiş olmanız ve Sistemi xxx şirketiniz adına kullanma yetkiniz hakkında Citibank’a makul ve kabul edilebilir bir kanıt sunmuş olmanız şartıyla, işbu Bölüm 6(a)’da “Firmanız” terimi, Size veya işvereninize değil, yalnızca xxx şirketinize yapılan bir atıf olarak yorumlanacaktır;

Appears in 1 contract

Samples: Electronic Access and User Agreement

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Instructions and Transactions. You and Your Firm are responsible for all instructions, messages, oral communicationscommunication, telex, facsimilie facsimile or other communications (including bids and offers) made through the System associated with Your 6. Інструкції та Транзакції. Ви та Ваша фірма несете відповідальність за всі інструкції, повідомлення, усну комунікацію, телеграмні, факсимільні й інші повідомлення (включно з заявами й офертами), зроблені в Системі, identity and/or the Security Procedures assigned to You (“Instructions”), and such Instructions shall be binding on You and Your Firm. You transmit Instructions to Citibank at Your your own risk, and agree that Citibank will not be required to acknowledge receipt of any Instruction prior to processing such Instruction. You will not have a binding Transaction with Citibank until a confirmation of acceptance of that Transaction, including executed exchange rate, is transmitted by Citibank to You. You understand and agree that Citibank will accept and work orders on a best efforts basis. Citibank, in its sole discretion, may refuse to act on any Instruction, and may from time to time restrict trading in certain financial instruments. Citibank may reject, cancel or rescind any Transaction, or amend or vary the terms of any Transaction Transaction, in each case executed through the System including but not limited to circumstances in which (1) the Transaction was executed based on erroneous rates or prices, during a period of market volatility and/or constrained liquidity, in contravention or violation of any law or regulation or in circumstances illegal or improper and/or (2) the Confirmation was generated due to System error. Any such rejection, cancellation, rescission, amendment or variation as set out in this section 6 will be communicated to You as soon as reasonably practicable and where the terms of such Transaction have been amended or varied, the confirmation reflecting such amendment or variation shall supersede previous confirmations and constitute the prevailing record of the binding Transaction. Notifications of transactions by SMS or push notification shall not constitute a confirmation. You agree, represent and warrant, as applicable, on a continuing basis that: пов’язані з Вашою особою та (або) Процедурами з безпеки, призначеними Вам (далі — «Інструкції»), і такі Інструкції є обов’язковими для Вас і Вашої фірми. Ви передаєте Інструкції до Citibank на власний ризик і погоджуєтеся, що Citibank не буде зобов’язаний підтверджувати отримання будь- яких Інструкцій перед обробкою таких Інструкцій. Транзакція, направлена в Citibank, не має обов’язкової сили, допоки Citibank не передасть Вам підтвердження про прийняття такої Транзакції, в тому числі, курс обміну валюти. Ви розумієте та погоджуєтеся з тим, що Citibank прийматиме та виконуватиме інструкції, докладаючи максимальних зусиль. Citibank на власний розсуд може відмовитися від будь-яких Інструкцій і час від часу обмежувати торгівлю певними фінансовими інструментами. Citibank може відхиляти, скасовувати або анулювати будь- яку Транзакцію, або змінювати умови будь-якої Транзакції, в кожному випадку виконуваної в Системі, в тому числі, але не обмежуючись, в обставинах, коли: (1) Транзакція була виконана на підставі помилкових курсів або цін, протягом періоду ринкових коливань та (або) обмеженої ліквідності, всупереч або через порушення будь- якого закону чи нормативного акту, або в обставинах незаконного чи неналежного виконання; (2) Підтвердження було створено через помилку в Системі. Будь-яке таке відхилення, скасування, анулювання або змінення, викладені в цьому Розділі 6., будуть повідомлені Вам якнайшвидше, й якщо умови такої Транзакції були виправлені або змінені, підтвердження, що відображає таку зміну, заміняє попередні підтвердження й являє собою переважну реєстрацію обов’язкової Транзакції. Повідомлення про транзакції за допомогою СМС або push-сповіщень не є підтвердженням. Ви погоджуєтеся, запевняєте та гарантуєте (залежно від обставин), що:

Appears in 1 contract

Samples: Electronic Access and User Agreement

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